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Please help answer the below, round to decimal places. The 11-year, exist1,000 par value bonds of Waco Industries pay 12 percent interest annually. The market

Please help answer the below, round to decimal places.

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The 11-year, exist1,000 par value bonds of Waco Industries pay 12 percent interest annually. The market price of the bond is exist1, 135, and the market's required yield to maturity on a comparable-risk bond is 8 percent. a. Compute the bond's yield to maturity. b. Determine the value of the bond to you given the market's required yield to maturity on a comparable-risk bond. c. Should you purchase the bond? a. What is your yield to maturity on the Waco bonds given the current market price of the bonds? % (Round to two decimal places.)

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